In analyzing a project for monthly status reporting, the project manager notices that the schedule performance index (SPI) is 0,75 and the cost performance index
(CPI) is 1,25. The project manager must provide the first project status review soon and wants to emphasize that the project is under control.
How should the project manager report the project status to key stakeholders?
When reporting to key stakeholders, it is important to clearly communicate the current status while emphasizing that the project is still being managed effectively. While the schedule performance index (SPI) of 0.75 indicates the project is behind schedule, the cost performance index (CPI) of 1.25 shows it is under budget. Option D appropriately acknowledges that the project is not tracking as expected but reassures that it is under control because the next milestone is still a month away. This balanced approach builds trust and indicates proactive management without prematurely committing to specific corrective actions.
SPI value shows that its behind schedule. CPI value shows that project is under budget. PM can decide to add additional resource with the budget and bring back project on schedule. That means do crashing.
CPI >1 means we have money SPI < 1 means we are late acc. to schedule So I can use my money with adding resource and then balance the schedule
SPI @ .75 means you are only getting 0.75 cents per dollar spent or you are behind schedule. CPI of 1.25 means that you are under budget so you can hire that extra person to get the schedule back on track.
We have a CPI value greater than 1, which means we are spending less cash than originally estimated. This presents us with an opportunity to allocate the excess cash towards bringing the project on schedule, especially since our SPI currently stands at 0.75.
why B ??
I vote A
I think C is correct answer.
C is the correct answer
Can someone please explain why C is the correct answer. Using these reporting tools don't seem to show that the project is under control?
I'm deeply lost
Founding out the root cause of the delay (SPI<1) should help the PM to show that the project is under control
Finding the root cause of an issue shows that the PM is under control? Really?
B. Report that the project is behind schedule but that an additional experienced resource can be added to stay within schedule and maintain the budget
The project manager must provide the first project status review soon and wants to emphasize that the project is under control. How should the project manager report the project status to key stakeholders?
The most effective way for the project manager to communicate the status, keeping in mind the need to emphasize control over the project, would be D. Report that the project is not tracking as expected, but is still under control since the next project milestone is over a month away.
IT'S B! READ PMBOK6th!
Root cause analysis will help him under why the project is being delayed so he can find a solution to the delay problem
D. Report that the project is not tracking as expected, but is still under control since the next project milestone is over a month away
as the question info, SPI = 0.75 mean project is behind schedule and CPI = 1.25 mean project under budget so PM can add more resource to help team to rich to ontrack and monitor the project budget make sure it is under control